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USD/CHF Little Changed after Carving Large Outside Day

2013-02-06 22:32:00

Jamie Saettele, CMT,Sr. Technical Strategist

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Daily Bars

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

FOREXAnalysis: “The USDCHF has been a nightmare so far in 2013. After rallying sharply for most of January, price plunged last week and actually ended the month lower. Price has entered a critical zone defined by the February, April and May 2012 lows.”

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